Zip 56515 (Battle Lake, MN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The town of Battle Lake, MN (zipcode 56515) is a beautiful place to live. With a two-bedroom rent of only $750 per month, it's an affordable option compared to the national average of $1430. Additionally, grocery items in Battle Lake cost 1% less than the US average on the Grocery Cost Index.
The town also has many local attractions and businesses that contribute to its charm. For example, there’s the farmers market where you can find fresh produce and locally produced goods such as jams and jellies. It also has an array of shops such as Fired Up Pottery where you can take pottery classes or pick up one-of-a-kind pieces for your home décor. Furthermore, there are multiple restaurants like Mabel Murphy’s which serve delicious meals in a rustic atmosphere.
As Jim Kappelhoff said “Battle Lake is an amazing place to live! Not only does it have all the town amenities you could want, but it still feels like a small community with friendly locals who make it feel like home”.

Battle Lake (zip 56515) has an unemployment rate of 5.3%. The US average is 6.0%.

Battle Lake (zip 56515) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Battle Lake (zip 56515)
- The Sales Tax Rate for Battle Lake (zip 56515) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Battle Lake (zip 56515) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Battle Lake (zip 56515)
- The average income of a Battle Lake (zip 56515) resident is $30,578 a year. The US average is $28,555 a year.
- The Median household income of a Battle Lake (zip 56515) resident is $67,566 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBattle Lake, MinnesotaUnited States
  5.36
  -1.0%-6.2%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $39,869$37,638
  $67,566$69,021
  $81,250$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  7.7%6.8%
  6.3%10.0%
  1.4%2.5%
  12.1%11.0%
  3.9%4.8%
  0.5%0.8%
  1.8%1.9%
  4.3%4.7%
  1.5%1.9%
  4.3%7.6%
  0.0%0.1%
  3.4%4.2%
  14.8%9.3%
  16.4%14.0%
  2.3%2.1%
  4.2%7.0%
  4.6%4.8%
  5.5%4.7%
Health